Real Estate
CBRE To Provide Management Services For Revera Medical City Project Entailing EUR60M Investment
Real estate consulting firm CBRE, one of the main players on the Romanian real estate consulting market, will ensure the management of the Revera Medical City project developed by Enayati Gr...
Two Realty Investors Complete 2nd Project Under La Strada Street Mall Concept Brand In EUR5M Investment
La Strada Street Mall Concept, developer of strip mall-type retail projects launched by businessmen Moshe Turgeman and Tomer Barhom, has completed the second project, in Brasov (central Roma...
International Lazar Seeks to Reach 250,000 Square Meters of Logistics Space in 10 Years
Pitesti-based International Lazar carrier, held by businessman Ion Lazar, plans to grow its logistics and manufacturing space portfolio to about 250,000 square meters in about ten years.
JLL: Six New Retail Projects Inaugurated In Romania In 2018
Six new retail projects– both extensions and projects from scratch – were inaugurated in 2018 in Romania, but real estate developers have many other projects in store for 2019, according to...
Local Businessman Invests EUR7M in Franchise Hotel in Suceava
Stefan Mandachi, the local entrepreneur who developed the Spartan restaurant network locally, has recently inaugurated a franchise hotel with a spa center in downtown Suceava, northern Roman...
Enayati Group, Monza to Build Revera Medical City in Bucharest for EUR60M
Enayati Group, owned by dr Wargha Enayati, who founded private healthcare network Regina Maria 20 years ago, has reached an agreement to build Revera Medical City, the largest private medica...
Developer Nova Imobiliare Starts Works on Colosseum Mall in Bucharest
Real estate developer Nova Imobiliare, which developed Colosseum Retail Park in north-western Bucharest, has started construction works on shopping center Colosseum Mall, a EUR30 million inv...
Portugal’s Sonae Sierra Becomes Sole Owner Of ParkLake Shopping Mall
Portuguese real estate developer Sonae Sierra has bought 50% of the participation held by Irish company Caelum Development in Bucharest-based retail project ParkLake, thus becoming the sole...
SMEs Leased 46% Of Romanian Office Building Space In First Nine Months Of 2018
Small and medium-sized enterprises (IMM) are some of the most dynamic consumers of office building space on the Romanian market. Thus, firms with up to 250 employees traded surface areas of...